# FIRST NORTHERN
Chicago, IL · NCUA charter 66359 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/first-northern-66359

Who the members are: state charter, organized 1944. 21,345 members of 6,562,279 potential (0.3% of the field); checking penetration 42% (share draft accounts per 100 members); loans per 100 members 51.

**Verdict on the desk:** this could be *ordinary*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $335.0M |
| Members | 21,345 (-2.2% YoY) |
| Full-time staff | 70 |
| Net worth | $35.1M |
| Net worth ratio | 10.5% (p37 of band) |
| ROA (annualized) | 0.70% (p51 of band) |
| Total delinquency | 0.63% (p53 of band) |
| Net charge-offs (annualized) | 0.25% (p34 of band) |
| Loans / shares | 78% (p58 of band) |
| Cash / assets | 10.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.06% (p79 of band) |
| Operating expense / assets | 4.28% (p75 of band) |
| Vehicles % of loans | 31% (p47 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 44% |
| Third-party paper % of net worth | 88% (p53 of band) |
| Vehicle delinquency | 1.27% (p84 of band) |
| Vehicle NCO | 0.22% (p22 of band) |
| Repossessed % of vehicle book | 0.04% (p58 of band) |
| Real estate % of loans | 62% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 80% |
| Certificates % of member funds | 7% |
| Average share balance | $8,503 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 51% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $20,943 |
| Loans granted, annualized | $109.5M |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | 3rd-party paper>100% NW |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 3 | delinquency rising |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 2 |  | delinquency rising |
| 2019-09 | 3 | assets shrinking |  |
| 2019-12 | 2 |  | assets shrinking |
| 2020-03 | 3 | net worth falling |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 4 | margin squeeze |  |
| 2020-12 | 5 | loan book shrinking |  |
| 2021-03 | 4 |  | loan book shrinking |
| 2021-06 | 5 | members leaving |  |
| 2021-09 | 4 |  | net worth falling |
| 2021-12 | 3 |  | margin squeeze |
| 2022-03 | 3 | net worth falling | 3rd-party paper>100% NW |
| 2022-06 | 4 | losing money, 3rd-party paper>100% NW | net worth falling |
| 2022-09 | 2 |  | members leaving, losing money |
| 2022-12 | 2 |  |  |
| 2023-03 | 3 | assets shrinking |  |
| 2023-06 | 3 |  |  |
| 2023-09 | 4 | delinquency rising |  |
| 2023-12 | 3 |  | delinquency rising |
| 2024-03 | 3 |  |  |
| 2024-06 | 3 | delinquency rising | thin capital |
| 2024-09 | 2 |  | delinquency rising |
| 2024-12 | 1 |  | 3rd-party paper>100% NW |
| 2025-03 | 2 | members leaving |  |
| 2025-06 | 1 |  | assets shrinking |
| 2025-09 | 1 |  |  |
| 2025-12 | 0 |  | members leaving |
| 2026-03 | 0 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2025-07-21 [First Northern Credit Union announces new team members - CUInsight](https://news.google.com/rss/articles/CBMimwFBVV95cUxQUElVRUZYTTdpVVNpZTNZTHZvVTZmUVF0aWs3a2w1Q3RzQ0Vwc0VZb0dTN2NvQzV4Q3ZvMmE5a3M2VGxrcE5OVGVRMTYwUFUzazZETzc5ZEFqU2FpeXhHSnJOWFZtRFNxenBlS19qSW5zR1R0eDZ1YzU0R3ZpSjVWUzk1RU9xRWNVSnY5dG5qOVZyVDJodGVpUVNpaw?oc=5) · CUInsight
- 2025-07-21 [First Northern Credit Union announces promotions - CUInsight](https://news.google.com/rss/articles/CBMikwFBVV95cUxOQTI3ZElPbzJjQklIRXA4YVdlTjd5SHloYWRrSkhvYm5HenZJbkJZMkJyOTNEcE5ONlRKTGRrYTUxWi1qR1lRbU9tUEtvUExvVVFOZTdUa2ljeWZfYVR4aXpUUHRxLS1rNDRlZncxUERvQUtwQnBzV2FmbUZTZlNzR19hVjlvZnVTMlduTW40RXBIV1k?oc=5) · CUInsight
- 2017-03-14 [Credit union drums up loan business - news.medill.northwestern.edu](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQbTJLWUlmSTdPSFpJYmhoSFhqYTZxRDE2RUgtR2JMRFZZQVVwUFQtYWJiaVJxY1EzMUhndEZfdGNoQzZPdG81ZEpPeTluQUM3NnR4RkhJY1BpeGtwWEhLcFBDUjRNcXVNN1Q1cURqTGVuTmFiUGN3SEtGbld0VlBtRUZLSENlWlN4?oc=5) · news.medill.northwestern.edu
- 2025-04-08 [America's Best Regional Banks and Credit Unions 2025 - Illinois - Newsweek Rankings](https://news.google.com/rss/articles/CBMijwFBVV95cUxPcmxtWHBLTjFUTXlzd2Z4OFNTQngzOU0zNnRGSVNfS3JTWUVrajczNHZmMzVzVDN0eHpoZ05aOTE3M1FSQ3FjQlNBMUYzLWdkWi1Fc0RVOTNzaGY3MlNVaUpPZm5QNVVLcXNweXV6a1diV1daaVdCV1FHa3YzeEd5dkFRNk0wbVRkemtFTlU4aw?oc=5) · Newsweek Rankings
- 2026-02-12 [Ramiro Lueje Obituary Sep 10, 2014 - Van Hoe Funeral Home](https://news.google.com/rss/articles/CBMiWkFVX3lxTFBldy1hdXplM3Z4c3VvVHhTbktwbDFzdExzVXk0dHFXR2FLVS1QekxNZ3AyNExLYVZqYXFXMV9ILUFSVm8tckVtZmt6R2xwSDExalRKVWVFM1FQZw?oc=5) · Van Hoe Funeral Home
- 2020-07-04 [Fred Bliss Obituary July 4, 2020 - Fitzgerald Funeral Home & Crematory LTD.](https://news.google.com/rss/articles/CBMiX0FVX3lxTE5RNjJzRnpOZWxnRjBhQ1hnWUx2Q0lNQ2xLSjFfQzhBWHFhTk0tcnF5bFRXN29iMXVJZU8wT2p6WDEtdkx0RHhhR0JnaTlvM0xpNG9JRXRtN1NKMXRYWF9V?oc=5) · Fitzgerald Funeral Home & Crematory LTD.
- 2016-08-13 [List of banks that support Apple Pay in the United States - 9to5Mac](https://news.google.com/rss/articles/CBMie0FVX3lxTE15UkVmX3k3aURqZXBKcFZCVTJuMEEzWTlLUEpQRDdTR25DQ2lPVXZGeEYycEVZcXl5RThsdlg3aUV6WHZFdWIzWDBUR2ZsT2FUcG1JWU5mbzJ3bVRUT0NjaEFFQXJaV0o1RklzdW03bzN2MXJoV3B1aFhEWQ?oc=5) · 9to5Mac
- 2023-02-14 [William Joseph Arnold Obituary (2023) - Schaumburg, IL - Ahlgrim & Sons Funeral and Cremation Services LTD. - legacy.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxOZ0x2S2J1R0RsWFZnYmtCT0lQbjliM0xUOUJVVHBqNWhCS1BRbUZ0eWxFT2FWVFY5SlFJeFZQT0VuSFFqNlVtUXR2UUdiWVBjcTE3eVoxUE1ickFXc0c3bDAwWDNNXzZ5dXhFOTVxc0NFWVpMek90RXdFcDZCYUVQZGlxZw?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=66359 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/55.json (key "66359", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=66359
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide